O.k for the purpose of comparrison - I got this from the latest CLQ presso.
CLQ
M+Indicated resource of 87 Mt @ .64% Ni and 0.13% Co
And
Total resource of 101Mt @0.59% Ni and 0.13% Co
So CLQ have drilled this hard core.
Vs JRV
Total resource of 167Mt @ 0.59% Ni and 0.06% Co
Using higher cut off grade (more appropriate here)
Total resource of 99 Mt @ .58% Ni and 0.08% Co
And then the higher grade zone of 42 Mt- (awesome news as we can kick this thing in the guts and we are viable- its still of itself a massive resource).
Some things to note when making the CLQ comparrison
1.They have Friedland
2.They have drilled the hell out of their resource M+I
3.CLQ also have a large high grade scandium resource but the mkt currently is applying very little value to this as can be seen with comparative value of PGM shares (perhaps 30 - 200 million for the CLQ scandium resource currently baked in to CLQ share price, but I need to check their development strategy- Im pretty sure they are going with Ni/Co first)
4. CLQ starting to see share price fire up a bit lately after a period of stagnation.
5. CLQ is considered a very large project in terms of world scale- like top 5 or six projects apparently.
6. CLQ has one of the highest Co/Ni ratios. (Ours not too far off on the 42 Mt-this is good obviously)
I thinkith we goeth nutteth.
- Forums
- ASX - By Stock
- Ann: NiCO Young Cobalt-Nickel Laterite Updated Mineral Resource
O.k for the purpose of comparrison - I got this from the latest...
-
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JRV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $11.76K | 1.060M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 357346 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 4465861 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 165499 | 0.225 |
3 | 149000 | 0.210 |
2 | 125311 | 0.205 |
2 | 163289 | 0.200 |
1 | 25000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 6807 | 1 |
0.240 | 15662 | 1 |
0.245 | 26632 | 2 |
0.250 | 17000 | 1 |
0.255 | 51470 | 3 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online